Assume that today is december 31, 2016, and that the following information applies to abner airlines:

after-tax operating income [ebit(1 - t)] for 2017 is expected to be $650 million.
the depreciation expense for 2017 is expected to be $110 million.
the capital expenditures for 2017 are expected to be $225 million.
no change is expected in net operating working capital.
the free cash flow is expected to grow at a constant rate of 7% per year.
the required return on equity is 16%.
the wacc is 11%.
the market value of the company's debt is $5 billion.
160 million shares of stock are outstanding.

using the corporate valuation model approach, what should be the company's stock price today? round your answer to the nearest cent. write out your answer completely. for example, 0.00013 million should be entered as 130.

The winston company estimates that the factory overhead for the following year will be $1,250,000. the company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 50,000 hours. the total machine hours for the year were 54,300. the actual factory overhead for the year were $1,375,000. determine the over- or underapplied amount for the year.

How does the plaintiff, mrs. wood, try to implicate the gun manufacturer ( who testifies, what do they say, what evidence is introduced)?

Thomas kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. thomas's fastest-moving inventory item has a demand of 6,000 units per year. the cost of each unit is $100, and the inventory carrying cost is $10 per unit per year. the average ordering cost is $30 per order. it takes about 5 days for an order to arrive, and the demand for 1 week is 120 units. (this is a corporate operation, and the are 250 working days per year.)a) what is the eoq? b) what is the average inventory if the eoq is used? c) what is the optimal number of orders per year? d) what is the optimal number of days in between any two orders? e) what is the annual cost of ordering and holding inventory? f) what is the total annual inventory cost, including cost of the 6,000 units?